FEI News and Press, First Trust MLP and Energy Income Fund of Beneficial Interest From 09/08/21

A number of factors contribute to the gasoline price posted at your local corner store, but the primary determinate is the price of oil. Demand trends, quality specifications that change seasonally, and refinery outages are examples of some of the items that can also impact gasoline p...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Only one fund with >100% coverage had a negative z-score this month. FPL could be worth a look. For further details see: The Quality Closed-End Fund Report, Au...

Energy equities retreated from their relative highs in June as the Delta variant spread, the value trade sputtered, and oil prices weakened following the OPEC+ announcement in July. While midstream sold off with oil and energy stocks, the fundamental picture for midstream improved in ...

Led by G&Ps and natural gas pipeline operators, midstream names delivered strong 2Q21 results that largely beat expectations and led to improving outlooks in 2021 and 2022. Strong free cash flows drove higher buyback activity for a combined $302 million spent on repurchases in 2Q2...

Only funds with yields over 6.50%, coverage higher than 80% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are FEI, AIF and FPL. For further details see: The 'High-High-Low' Closed-End Fund Report...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, decreased 6.17% last month. The index has increased by 56.88% since last July. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color on the valuations of MLPs, decreased by 2.87% la...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxY funds are FEI, FPL and AOD. For further details see: The Quality Closed-End Fund Report, July 2021

With earnings season in full gear and broad equity markets reaching record levels, we revisit valuation and put into context the relative value midstream offers during the ongoing economic recovery. As of last Friday, the Alerian MLP Infrastructure Index (AMZI) and the Alerian Midstre...

Fee-based businesses and contract protections equip the midstream space to better withstand commodity price volatility relative to its energy peers while delivering attractive income and greater cash flow stability. Resilient natural gas prices and steady demand benefit midstream and ...

The Energy sector carried its momentum from the end of 2020 into 2021 and ended Q2 as the S&P 500's best performer after returning a staggering 45.61%. US oil production has been steady around 11 mbpd for most of 2021 given producers' conservative capital allocation strategies tow...